Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Gate−0.154%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$382as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3803.797% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.154%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOXX_USDT | 563.60 | 0 | get 0.0000% / 8h | 5h 23m | $1.1M | $390K | 20x |
| Short | Bybit SOXXUSDT | 562.73 | 0 | get 0.0000% / 8h | 5h 23m | $529K | $570K | 25x |
Gate SOXX_USDT
Bybit SOXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.154% → −0.105%
- −$4.98
- Slippage, 4 orders
- −$353.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$384.71
- Costs to cover
- 3.797%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 31 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 8.86 bp | 184.4 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 2.58 bp | 30.4 bp −$30 | 566.5 bp −$5,665 | doesn't fit | doesn't fit |
SOXX on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXX_USDT | −0.0530% | 8h | 563.64 | +0.007% | $2.8M | $142K | 50x | as long as short |
| Bybit SOXXUSDTshort | 0.0000% | 8h | 562.73 | −0.154% | $529K | $570K | 25x | |
| Gate SOXX_USDTlong | 0.0000% | 8h | 563.60 | long leg | $1.1M | $390K | 20x | |
| Bitget SOXXUSDT | 0.0000% | 8h | 563.51 | −0.016% | $2.6M | $713K | 20x | as long as short |
| HTX SOXX-USDT | 0.0000% | 8h | 560.44 | −0.561% | $7K | $38K | 10x | as long as short |
MEXC SOXX_USDT
Bitget SOXXUSDT
HTX SOXX-USDT